US briefing
Examining how leading US law firm Howrey lost its way; and the current conditions in the world's largest legal market
June 29, 2011 at 07:03 PM
1 minute read
The fall of Howrey – How did a leading US law firm that was 'in court every day' lose its way? Julie Triedman charts the fall of a legal empire
A mixed bag – Citi's Dan DiPietro and Gretta Rusanow survey current market conditions in the world's largest legal market
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Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
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